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competition

 
 
/ˌkɒmpəˈtɪʃən/ noun

Definition

EVENT [C] an organized event in which people try to win a prize by being the best, fastest, etc: to enter a competition
SITUATION [U] when someone is trying to win something or be more successful than someone else: There's a lot of competition between computer companies. Applicants face stiff competition for university places this year.
the competition people you are competing against, especially in business
(Definition of competition noun from the Cambridge Learner's Dictionary © Cambridge University Press)

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